Digital asset investment products saw $223m in outflows, reversing early-week inflows of $883m and marking their first outflows in 15 weeks, amid hawkish Fed signals and stronger-than-expected US economic data, according to CoinShares.
The company’s latest Digital Assets Fid Flows Weekly Report reveals that bitcoin led the outflows with $404m, though YTD inflows remain strong at $20bn, reflecting its high sensitivity to monetary policy.
Ether meanwhile, posted its 15th straight week of inflows ($133m), while XRP, Solana, and SEI also attracted notable inflows.